Vice President or Director, Student Housing / Multifamily

Kayne Anderson Capital Advisors•Boca Raton, FL

About The Position

Kayne Anderson Real Estate is seeking a Vice President/Director of Asset Management of Student Housing / Multifamily to oversee a portfolio of multifamily and student housing assets. The portfolio may include stabilized assets, repositioning, ground-up development, and redevelopment projects. The position reports to the Senior Managing Director and Managing Director of Asset Management, who oversee the Student Housing and Multifamily sector vertical. The asset manager monitors the financial and operating performance of assets against business plans and original underwriting, maintains significant engagement with property management teams and operating partners, and adjusts property strategies to maximize performance. The role requires regular travel to portfolio properties, averaging approximately two days per week, to assess real estate condition, capital plans, on-site property management, joint-venture partner engagement, and market performance. The successful candidate will also support investment evaluation, project execution, and the development of operating-partner relationships while representing Kayne Anderson Real Estate in the market.

Requirements

At least 15 years of relevant real estate experience, including 10 or more years in multifamily or student housing real estate asset management.
Strong operational skills and a hands-on approach to asset management.
Strategic perspective, including involvement in developing investment strategies and the ability to execute them.
Strong financial, analytical, and computer skills, including proficiency in Excel.
Sound judgment and the ability to identify relevant questions and important issues when evaluating a situation.
Self-motivation and the ability to make independent decisions while working within the group's goals and policies.
Genuine desire to excel in work and passion for the role.
Strong interest in working with the Kayne team and leveraging external resources to achieve exceptional results.
Ability to provide proof of eligibility to work in the United States at the time of hire.

Nice To Haves

Experience working at operating platforms, with operating partners, and negotiating third-party contracts.
Experience with asset management platforms and software packages; helpful but not required.

Responsibilities

Monitor and report on asset financial and operating performance against business plans and original underwriting.
Travel to portfolio properties to assess real estate condition, capital plans, on-site property management, joint-venture partner engagement, and market performance; expected travel averages approximately two days per week.
Manage operating-partner relationships and maintain regular communication with operating partners and other third parties.
Support the growth of operating-partner relationships and represent Kayne Anderson Real Estate in the market.
Update revenue, expenses, and overall strategy in real time to maximize property-level performance.
Track property-specific critical dates and deliverables, including tax management, annual audits, accounting deliverables, debt maturities and covenant compliance, development and construction issues, and leasing targets and timing.
Provide significant property-level engagement and guidance to property management teams.
Participate in property branding, programming, and lease-up strategy, and manage marketing firms in coordination with management companies and/or joint-venture partners.
Project asset performance through refinancing, renovations, and redevelopments.
Supervise development and renovation projects with support from the internal construction management department and operating partners.
Coordinate internal legal, accounting, construction, and capital-markets processes to execute business plans.
Work with the underwriting and acquisition team to evaluate potential investments.
Track industry trends and adjust property business plans as needed.
Use industry relationships with operators, managers, consultants, and other contacts to evaluate markets, identify solutions, and develop strategies for prospective and existing properties.
Participate in industry organizations and events.